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Australia stocks lower at close of trade; S&P/ASX 200 down 0.25%

Published 05/02/2017, 02:00 AM
Updated 05/02/2017, 02:00 AM
© Reuters.  Australia stocks lower at close of trade; S&P/ASX 200 down 0.25%

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the Gold, Financials and Telecoms Services sectors led shares lower.

At the close in Australia, the S&P/ASX 200 declined 0.25%.

The best performers of the session on the S&P/ASX 200 were Bellamys Australia Ltd (AX:BAL), which rose 11.30% or 0.610 points to trade at 6.010 at the close. Meanwhile, Syrah Res F (AX:SYR) added 6.96% or 0.160 points to end at 2.460 and M Pharma Fp (AX:MYX) was up 4.98% or 0.060 points to 1.265 in late trade.

The worst performers of the session were Resolute Mining Ltd (AX:RSG), which fell 5.24% or 0.065 points to trade at 1.175 at the close. Genworth Fp (AX:GMA) declined 4.49% or 0.150 points to end at 3.190 and Flexigroup Ltd (AX:FXL) was down 4.26% or 0.100 points to 2.250.

Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 607 to 506 and 371 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.06% to 11.410.

Gold Futures for June delivery was up 0.14% or 1.73 to $1257.23 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.37% or 0.18 to hit $48.66 a barrel, while the July Brent oil contract fell 0.25% or 0.13 to trade at $51.39 a barrel.

AUD/USD was up 0.15% to 0.7537, while AUD/JPY rose 0.29% to 84.40.

The US Dollar Index Futures was down 0.09% at 98.89.

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